Highest inflation since...

[Chef Jim]

1 hour ago, SoCal Deek said:

Canceled my local newspaper years ago. Believe me, you won’t miss it. 

We only get the WSJ Saturday edition. 
 

[ALF]

Food prices push UK inflation to 40-year high of 9.1 percent
The Bank of England says worse is yet to come as the UK records the highest inflation rate out of the G7 countries.

 

German inflation hit another all-time high in May

Consumer prices in the continent’s biggest economy jumped 8.7 percent from a year ago in May.

 

https://www.aljazeera.com/news/2022/6/22/food-prices-push-uk-inflation-to-40-year-high-of-9-1-percent

Edited June 22, 2022 by ALF

[B-Man]

 

 

THE NEW NORMAL: 

 

Prices don’t drop when inflation eases. Why your wallet will be hurting for a while.

 

https://www.msn.com/en-us/money/markets/prices-don-t-drop-when-inflation-eases-why-your-wallet-will-be-hurting-for-a-while/ar-AAZd9nO

 

 

[leh-nerd skin-erd]

On 6/21/2022 at 1:30 PM, Chef Jim said:

 

You might want to rethink the highlighted.  LOL

 

But seriously.  I quit drinking a few years ago.  Yes I do partake occasionally so I'm not 100% teetotaling but the money I've saved by sticking with water has got to be astounding.  LOL 

 

My wife fully retired 1/1/22 and I semi-retired so I've started looking at prices more closely.  Never did that before.  I'd just throw ***** in the shopping cart.  Not anymore.   

What’s the magic of the Saturday only plan?  
 

Good recap of the past week with an eye on what’s to come next?  
 

I’m not judging, just wondering.  I keep thinking I’ll get a subscription and never get around to it.  
 

 

[B-Man]

 

 

Biden's Latest Inflation Scapegoat Is Even More Laughable Than His Last One

 

https://redstate.com/mike_miller/2022/07/11/bidens-latest-inflation-scapegoat-is-even-more-laughable-than-his-last-one-n592713

 

 

 

 

[Irv]

Regretfully, I admit.  I underestimated Joe's ability to ***** things up.  

[B-Man]

 

 

[B-Man]

 

 

 

 

 

 

 

[Doc]

But January 6th...

[Niagara Bill]

On 6/21/2022 at 10:35 AM, ALF said:

Inflation rocks businesses as owners warn Americans are cutting home improvements, service expenses
Businesses say customers putting off roof replacements, house cleanings and AC repairs due to rising costs

 

https://www.foxnews.com/media/inflation-rocks-businesses-owners-warn-americans-cutting-home-improvements-service-expenses

 

After 43 years cancelled Buffalo News home delivery , 3 months ago stopped buying beer. I lived thru inflation early 80's maybe I was too young to care , well being retired does have limitations.

Lived through 20% mortgage rates in 80s. Retired now, and I get why $700 per yr is way too much for BN. 

We are all having to reconsider beer, wine for sure. Dinner out is done with thought, purchases now trimmed. What most people do not understand that for most inflation is temporary, maybe 1 or 2 years, then wages catch up and move on. Retirement brings perspective that these massive increases are for ever and your income does not keep up.

But you need to still enjoy life. Rather than beer, wine, try cocktail hour, different one each time. Nice to plan, cheaper. There are hundreds of cheap cocktails made with bourbon. Lots of fun. 

 

 

 

[cle23]

23 minutes ago, Doc said:

But January 6th...

 

Why can't people be concerned about both?  

[Big Blitz]

So what surprises we gonna get from the circus committee today!

[SoCal Deek]

8 minutes ago, cle23 said:

 

Why can't people be concerned about both?  

People can indeed be concerned about both and so should Congress. With that said, can you tell me what channel the nationally televised hearings are on the border? Crime? Inflation? I was flipping through channels last night and couldn’t find them. I may have to upgrade my DIRECTV package…again. (They call me all the time. 😉)

[cle23]

Just now, SoCal Deek said:

People can indeed be concerned about both and so should Congress. With that said, can you tell me what channel the nationally televised hearings are on the border? Crime? Inflation? I was flipping through channels last night and couldn’t find them. I may have to upgrade my DIRECTV package…again. (They call me all the time. 😉)

 

Well, seeing as how the Jan 6th hearing is a first time thing, obviously it is going to get more attention.  Do you not see the news?  There is talk of all the things you mentioned.  Twitter?  It's all over the place.  There are hundreds of forms of media at this point, even message boards.  Those things are all discussed at length.  The Jan 6th hearing is the "prime time" event right now because it is something new, and it is occurring right now.  Crime, inflation, the borders, etc are all ongoing things no matter who is in office.

[SoCal Deek]

2 minutes ago, cle23 said:

 

Well, seeing as how the Jan 6th hearing is a first time thing, obviously it is going to get more attention.  Do you not see the news?  There is talk of all the things you mentioned.  Twitter?  It's all over the place.  There are hundreds of forms of media at this point, even message boards.  Those things are all discussed at length.  The Jan 6th hearing is the "prime time" event right now because it is something new, and it is occurring right now.  Crime, inflation, the borders, etc are all ongoing things no matter who is in office.

I see. So Twitter gossip is the new substitute for the work of the US Congress? I’m going to have to look that up in the constitution. 😉

[Tiberius]

This is an economics issue, not political. The supply chains will work themselves out. Hopefully we as a society use the high energy prices to move faster on renewable sources. 

[B-Man]

Back to the thread...........

 

Up across the board

Energy prices surged 7.5% on the month and were up 41.6% on a 12-month basis.

 

The food index increased 1%, while shelter costs, which make up about one-third of the CPI rose 0.6% for the month and were up 5.6% annually. This was the sixth straight month that food at home rose at least 1%.

 

Rental costs rose 0.8% in June, the largest monthly increase since April 1986, according to the BLS.

 

Stock market futures slumped following the data while government bond yields surged.

 

Much of inflation rise came from gasoline prices, which increased 11.2% on the month and just shy of 60% for the 12-month period. Electricity costs rose 1.7% and 13.7%, respectively. New and used vehicle prices posted respective gains of 0.7% and 1.6%.

 

Medical-care costs climbed 0.7% on the month, propelled by a 1.9% increase in dental services, the largest monthly change ever recorded for that sector in data that goes back to 1995.

 

Airline fares were one of the few areas seeing a decline, falling 1.8% in June though still up 34.1% from a year ago. The meat, poultry, fish and eggs category also dropped 0.4% for the month but is up 11.7% on an annual basis.

 

The increases marked another tough month for consumers, who have been suffering through soaring prices for everything from airline tickets to used cars to bacon and eggs.

 

Real incomes fall further

For workers, the numbers meant another hit to the wallet, as inflation-adjusted incomes, based on average hourly earnings, fell 1% for the month and were down 3.6% from a year ago, according to a separate BLS release.

 

https://www.cnbc.com/2022/07/13/inflation-rose-9point1percent-in-june-even-more-than-expected-as-price-pressures-intensify.html

[Big Blitz]

19 minutes ago, cle23 said:

 

Why can't people be concerned about both?  

 

 

No one gives a ***t its a communist circle jerk for NYC-DC media trash.  No one that's sane.     

 

Have we got him yet?  I'm sure we will someday!

 

Dupes.  

 

 

 

The moron tool I mean host of the CBS Sunday State Run talk show literally asked Governor Youngkin if he'd let his PAC Support an "election denier" like some candidate in Pennsylvania.  An "election denier."

 

These people are North Korea gone. 

 

Still trying to portray all Trump voters as "insurrectionists!"  OH my goodness some people think the election was a sham.  In the middle of a sham pandemic.  The insanity!

[cle23]

11 minutes ago, SoCal Deek said:

I see. So Twitter gossip is the new substitute for the work of the US Congress? I’m going to have to look that up in the constitution. 😉

 

No, you know as well as I do that Congress can't address every single issue all day every day.  It just can't.  And a lot of it isn't the job of Congress anyway.  

 

Biden signed a deal with Mexico to have them help address the border just yesterday.  Will it help?  Hard to say.  But it is something.  People want to address crime, and yet will do absolutely nothing to actually address crime.  Republican states have higher murder rates typically than Democratic ones, yet it's always "the Dems" fault.  Republican states as a whole receive more government aid than Democratic ones.  Yet we always hear of Democratic handouts.  Hell, one poster attributed the entire stimulus package deal to Democrats, when Trump and Republican Congress approved $3.1 T and Biden approved $1.9.

 

I don't like the state of either party right now.  Both as basically different sides of the same coin, with tiny, obscure differences.  Our country has turned into 2 groups pointing fingers and then turning around and doing the same things they always do.

3 minutes ago, Big Blitz said:

 

 

No one gives a ***t its a communist circle jerk for NYC-DC media trash.  No one that's sane.     

 

Have we got him yet?  I'm sure we will someday!

 

Dupes.  

 

 

 

The moron tool I mean host of the CBS Sunday State Run talk show literally asked Governor Youngkin if he'd let his PAC Support an "election denier" like some candidate in Pennsylvania.  An "election denier."

 

These people are North Korea gone. 

 

Still trying to portray all Trump voters as "insurrectionists!"  OH my goodness some people think the election was a sham.  In the middle of a sham pandemic.  The insanity!

 

A sham pandemic that killed 6.3 million people worldwide in 2 years, including both my parents.  But yeah, it's everyone else who is insane.

 

Also, people are watching and following the Jan 6th hearing, so it means something to a lot of people.

Edited July 13, 2022 by cle23

[B-Man]

 

Meanwhile............

 

 

[Doc]

31 minutes ago, cle23 said:

Well, seeing as how the Jan 6th hearing is a first time thing, obviously it is going to get more attention.  Do you not see the news?  There is talk of all the things you mentioned.  Twitter?  It's all over the place.  There are hundreds of forms of media at this point, even message boards.  Those things are all discussed at length.  The Jan 6th hearing is the "prime time" event right now because it is something new, and it is occurring right now.  Crime, inflation, the borders, etc are all ongoing things no matter who is in office.

 

What happened there is a one time thing.  Never again will requests for additional security be denied for political reasons.  Never will the Capitol be as insecure as it was on that day.  And even if Trump is re-elected, he won't be serving a 3rd term so there won't be another protest.

[cle23]

8 minutes ago, Doc said:

 

What happened there is a one time thing.  Never again will requests for additional security be denied for political reasons.  Never will the Capitol be as insecure as it was on that day.  And even if Trump is re-elected, he won't be serving a 3rd term so there won't be another protest.

 

I don't know how you can say it was a one time thing.  I am not comparing the two directly, but Hitler tried a coup once and failed.  Somehow, he was able to attempt another one and succeed.  So you can't say "it'll never happen."

Edited July 13, 2022 by cle23

[Big Blitz]

Per still state run Twitter.......more people are talking about NHL Free Agency (#3 fake trend) vs 9.1% in June (#5 trend)

 

 

They're headlining it "9.1% in June."  Haha

 

If Trump was in Office it would be something like "Drumpflation soaring." 

 

Or "Can't afford anything."  

[Big Blitz]

 

 

Thanks Covidiots

[dpberr]

I remember a few months ago, the "experts" laughed off 8, 9 percent.

 

This entire inflation event is 100% self-inflicted policy error.   

 

The Fed has no choice but to pilot the economy into a very steep, hopefully short, recession at this point.  It's the only way you can hope to get inflation back to 2% by the end of the decade.   We're all going to bleed in our 401ks or jobs, likely both.  

[cle23]

13 minutes ago, dpberr said:

I remember a few months ago, the "experts" laughed off 8, 9 percent.

 

This entire inflation event is 100% self-inflicted policy error.   

 

The Fed has no choice but to pilot the economy into a very steep, hopefully short, recession at this point.  It's the only way you can hope to get inflation back to 2% by the end of the decade.   We're all going to bleed in our 401ks or jobs, likely both.  

 

A worldwide policy error though?  I know there were a lot of stimulus's across the world that will cause this inflation to an extent.

[ChiGoose]

5 minutes ago, cle23 said:

 

A worldwide policy error though?  I know there were a lot of stimulus's across the world that will cause this inflation to an extent.

 

No, no, you see, we're not allowed to look at other countries for comparison. If we don't like the current president, then everything bad is 100% their fault and anything about similar problems elsewhere is non-admissible.

[Irv]

On 7/11/2022 at 7:58 PM, B-Man said:

 

 

 

This is the latest deflection tactic.  Inflation is high because gas prices are high, because...wait for it.  Because of Putin.  Nothing to see here.   Our demented,  America Last, energy policy is changing people's lives.   It sure is! 

 

Meanwhile the Kangaroo Congress ignores the country crumbling wasting time and money on the January 6th sham. 

 

What a mess.  

 

 

Edited July 13, 2022 by Irv

[B-Man]

5 hours ago, ChiGoose said:

No, no, you see, we're not allowed to look at other countries for comparison.

 

If we don't like the current president, then everything bad is 100% their fault and anything about similar problems elsewhere is non-admissible.

 

 

Edited July 13, 2022 by B-Man

[SoCal Deek]

3 hours ago, Tiberius said:

This is an economics issue, not political. The supply chains will work themselves out. Hopefully we as a society use the high energy prices to move faster on renewable sources. 

So….in short….trust the process. 😉

[Big Blitz]

1 hour ago, ChiGoose said:

 

No, no, you see, we're not allowed to look at other countries for comparison. If we don't like the current president, then everything bad is 100% their fault and anything about similar problems elsewhere is non-admissible.

 

 

No.  Not the current President 

 

The entire Democrat Party.  

 

A worldwide problem made worse because it's horrific here, in the U.S. thanks 1000000% to losers of the globalist party that thought 15 days to slow the spread was a good idea - that includes Trump - who's response to Fauci and Xi should have been "get the f*** out of my office."

 

His tweets and fights he picked really put us all in our feelings he just had to go!  

 

 

 

 

Enjoy your retirements everyone!  This is going to be a 10 plus year problem before anything close to normal begins under President DeSantis.  

[Doc]

5 hours ago, cle23 said:

I don't know how you can say it was a one time thing.  I am not comparing the two directly, but Hitler tried a coup once and failed.  Somehow, he was able to attempt another one and succeed.  So you can't say "it'll never happen."

 

I gave you the reasons why it's a one time thing.  And they spent $2.1B on improving Capitol security.  If that's not enough and what happened J6 isn't enough of an example of not taking warnings seriously, if there is a next time, that's on them.

[Big Blitz]

13 hours ago, ChiGoose said:

 

No, no, you see, we're not allowed to look at other countries for comparison. If we don't like the current president, then everything bad is 100% their fault and anything about similar problems elsewhere is non-admissible.

 

 

 

Gas is cheaper in Mexico....

 

 

"Mexican President brags about lower gas prices in Mexico."

 

 

 

 

[Doc]

Can the drug smugglers also bring over gas...

[ALF]

Inflation has made me dislike Democrat and Republican politicians , get off ALF's  lawn  🙂

 

Edited July 14, 2022 by ALF

[All_Pro_Bills]

44 minutes ago, Doc said:

Can the drug smugglers also bring over gas...

Occasionally I'd take a ride over the Peace Bridge into Ft. Erie to fill up when US prices went through the roof at a time that was much longer ago than I care to remember.  For the same money I would have spent on the US side filling my tank I filled my tank in Canada and had enough left over to buy a case of Molson's to bring home.    

[ALF]

Austan Goolsbee , economist ,  the Fed has only 1 tool to fix inflation , a screwdriver to tighten or loosen interest rates. If you need a saw or hammer they don't have that.

[ChiGoose]

7 hours ago, Big Blitz said:

 

 

 

Gas is cheaper in Mexico....

 

 

"Mexican President brags about lower gas prices in Mexico."

 

 

 

 

Note that I did not say that the US has the cheapest gas prices. Obviously there are countries with cheaper prices.

 

Let's look at prices around the world:

 

USD per Gallon:

• Venezuela 0.084

• Libya 0.116

• Iran 0.202

• Syria 1.082

• Algeria* 1.185

• Kuwait* 1.291

• Angola 1.41

• Nigeria 1.577

• Turkmenistan 1.621

• Kazakhstan 1.66

• Malaysia* 1.753

• Iraq 1.943

• Egypt* 1.954

• Bahrain 2.009

• Bolivia* 2.054

• Colombia* 2.124

• Haiti 2.154

• Qatar* 2.183

• Azerbaijan 2.227

• Saudi Arabia* 2.349

• Oman* 2.35

• Ecuador* 2.4

• Ethiopia 2.67

• Tunisia 2.869

• Kyrgyzstan* 3.015

• Russia* 3.137

• Benin* 3.495

• Gabon 3.525

• Bangladesh 3.597

• Belarus* 3.616

• Togo* 3.641

• Uzbekistan 3.7

• Afghanistan 3.723

• Trinidad & Tobago 3.755

• Cameroon* 3.787

• Argentina* 3.803

• Taiwan* 3.967

• Maldives 4.081

• Botswana 4.134

• Suriname* 4.137

• Burkina Faso* 4.165

• Ivory Coast* 4.282

• El Salvador* 4.31

• Mexico* 4.317

• DR Congo 4.433

• Pakistan* 4.53

• Brazil* 4.567

• Grenada* 4.622

• Burma* 4.631

• Indonesia* 4.639

• Japan* 4.647

• United Arab Emirates* 4.658

• Mali 4.725

• Cuba 4.77

• Bhutan 4.787

• Swaziland 4.791

• Sudan 4.8

• Chile* 4.801

• Puerto Rico* 4.847

• Guyana* 4.867

• Kenya* 4.868

• Liberia 4.887

• Vietnam* 4.913

• USA* 4.915

• India* 4.962

• Thailand* 5.007

• Guatemala* 5.049

• Dominica 5.058

• Malta* 5.093

• Georgia* 5.103

• Mozambique* 5.155

• Nicaragua* 5.162

• Senegal 5.185

• Namibia* 5.186

• Tanzania* 5.217

• Guinea 5.22

• Lebanon* 5.244

• China* 5.307

• Dominican Republic* 5.357

• Lesotho* 5.371

• Rwanda* 5.375

• Nepal* 5.386

• Australia* 5.408

• Mongolia 5.417

• Madagascar* 5.447

• Paraguay 5.497

• Turkey* 5.512

• Saint Lucia* 5.533

• Ghana* 5.544

• Costa Rica* 5.59

• Panama* 5.743

• Sri Lanka* 5.773

• Honduras* 5.793

• Philippines* 5.829

• Fiji* 5.839

• South Africa* 5.847

• Burundi 5.966

• Cambodia* 5.986

• Canada* 6.054

• Poland* 6.12

• Curacao* 6.192

• Zambia* 6.192

• Moldova* 6.229

• Mauritius* 6.262

• Peru* 6.286

• Uganda 6.297

• Sierra Leone* 6.323

• South Korea* 6.33

• Montenegro* 6.461

• Ukraine* 6.475

• Northern Macedonia* 6.543

• Slovenia* 6.548

• Cape Verde* 6.55

• Bulgaria* 6.551

• Jamaica* 6.553

• Morocco 6.609

• Jordan* 6.621

• Serbia* 6.638

• Romania* 6.643

• Wallis and Futuna  6.735

• Bosnia & Herz.* 6.76

• Cayman Islands* 6.798

• Luxembourg* 6.928

• Cyprus* 6.943

• Germany* 6.943

• Andorra* 6.951

• Bahamas  6.968

• Liechtenstein 7.053

• Laos* 7.062

• Aruba* 7.07

• Hungary* 7.084

• Seychelles  7.176

• Slovakia* 7.251

• San Marino 7.255

• Lithuania* 7.331

• Malawi* 7.358

• Czech Republic* 7.382

• Albania 7.471

• Mayotte* 7.487

• Zimbabwe* 7.493

• France* 7.533

• Latvia* 7.563

• Uruguay* 7.596

• Croatia* 7.596

• New Zealand* 7.671

• Portugal* 7.673

• Italy* 7.71

• Spain* 7.743

• Belgium* 7.878

• Austria* 7.981

• Sweden* 8.021

• Singapore* 8.058

• Ireland* 8.205

• Estonia* 8.243

• Switzerland* 8.466

• United Kingdom* 8.58

• Monaco 8.6

• Netherlands* 8.707

• Belize* 8.721

• Central African Rep. 8.739

• Finland* 8.825

• Barbados* 8.838

• Greece* 8.908

• Denmark* 8.909

• Israel* 9.007

• Norway* 9.07

• Iceland* 9.338

• Hong Kong 11.448 

So yeah, gas prices are higher in the US than normal, but we are far from having the most expensive gas.

[All_Pro_Bills]

21 minutes ago, ChiGoose said:

Note that I did not say that the US has the cheapest gas prices. Obviously there are countries with cheaper prices.

 

Let's look at prices around the world:

 

USD per Gallon:

• Venezuela 0.084

• Libya 0.116

• Iran 0.202

• Syria 1.082

• Algeria* 1.185

• Kuwait* 1.291

• Angola 1.41

• Nigeria 1.577

• Turkmenistan 1.621

• Kazakhstan 1.66

• Malaysia* 1.753

• Iraq 1.943

• Egypt* 1.954

• Bahrain 2.009

• Bolivia* 2.054

• Colombia* 2.124

• Haiti 2.154

• Qatar* 2.183

• Azerbaijan 2.227

• Saudi Arabia* 2.349

• Oman* 2.35

• Ecuador* 2.4

• Ethiopia 2.67

• Tunisia 2.869

• Kyrgyzstan* 3.015

• Russia* 3.137

• Benin* 3.495

• Gabon 3.525

• Bangladesh 3.597

• Belarus* 3.616

• Togo* 3.641

• Uzbekistan 3.7

• Afghanistan 3.723

• Trinidad & Tobago 3.755

• Cameroon* 3.787

• Argentina* 3.803

• Taiwan* 3.967

• Maldives 4.081

• Botswana 4.134

• Suriname* 4.137

• Burkina Faso* 4.165

• Ivory Coast* 4.282

• El Salvador* 4.31

• Mexico* 4.317

• DR Congo 4.433

• Pakistan* 4.53

• Brazil* 4.567

• Grenada* 4.622

• Burma* 4.631

• Indonesia* 4.639

• Japan* 4.647

• United Arab Emirates* 4.658

• Mali 4.725

• Cuba 4.77

• Bhutan 4.787

• Swaziland 4.791

• Sudan 4.8

• Chile* 4.801

• Puerto Rico* 4.847

• Guyana* 4.867

• Kenya* 4.868

• Liberia 4.887

• Vietnam* 4.913

• USA* 4.915

• India* 4.962

• Thailand* 5.007

• Guatemala* 5.049

• Dominica 5.058

• Malta* 5.093

• Georgia* 5.103

• Mozambique* 5.155

• Nicaragua* 5.162

• Senegal 5.185

• Namibia* 5.186

• Tanzania* 5.217

• Guinea 5.22

• Lebanon* 5.244

• China* 5.307

• Dominican Republic* 5.357

• Lesotho* 5.371

• Rwanda* 5.375

• Nepal* 5.386

• Australia* 5.408

• Mongolia 5.417

• Madagascar* 5.447

• Paraguay 5.497

• Turkey* 5.512

• Saint Lucia* 5.533

• Ghana* 5.544

• Costa Rica* 5.59

• Panama* 5.743

• Sri Lanka* 5.773

• Honduras* 5.793

• Philippines* 5.829

• Fiji* 5.839

• South Africa* 5.847

• Burundi 5.966

• Cambodia* 5.986

• Canada* 6.054

• Poland* 6.12

• Curacao* 6.192

• Zambia* 6.192

• Moldova* 6.229

• Mauritius* 6.262

• Peru* 6.286

• Uganda 6.297

• Sierra Leone* 6.323

• South Korea* 6.33

• Montenegro* 6.461

• Ukraine* 6.475

• Northern Macedonia* 6.543

• Slovenia* 6.548

• Cape Verde* 6.55

• Bulgaria* 6.551

• Jamaica* 6.553

• Morocco 6.609

• Jordan* 6.621

• Serbia* 6.638

• Romania* 6.643

• Wallis and Futuna  6.735

• Bosnia & Herz.* 6.76

• Cayman Islands* 6.798

• Luxembourg* 6.928

• Cyprus* 6.943

• Germany* 6.943

• Andorra* 6.951

• Bahamas  6.968

• Liechtenstein 7.053

• Laos* 7.062

• Aruba* 7.07

• Hungary* 7.084

• Seychelles  7.176

• Slovakia* 7.251

• San Marino 7.255

• Lithuania* 7.331

• Malawi* 7.358

• Czech Republic* 7.382

• Albania 7.471

• Mayotte* 7.487

• Zimbabwe* 7.493

• France* 7.533

• Latvia* 7.563

• Uruguay* 7.596

• Croatia* 7.596

• New Zealand* 7.671

• Portugal* 7.673

• Italy* 7.71

• Spain* 7.743

• Belgium* 7.878

• Austria* 7.981

• Sweden* 8.021

• Singapore* 8.058

• Ireland* 8.205

• Estonia* 8.243

• Switzerland* 8.466

• United Kingdom* 8.58

• Monaco 8.6

• Netherlands* 8.707

• Belize* 8.721

• Central African Rep. 8.739

• Finland* 8.825

• Barbados* 8.838

• Greece* 8.908

• Denmark* 8.909

• Israel* 9.007

• Norway* 9.07

• Iceland* 9.338

• Hong Kong 11.448 

So yeah, gas prices are higher in the US than normal, but we are far from having the most expensive gas.

One other thing to consider.  American's, especially those living in suburbs and rural areas, are more dependent on the automobile, drive less fuel efficient vehicles, and drive more miles than citizens of other countries.  US residents use more fuel per capita than people in other developed countries.  So the impact of rising fuel prices is greater.  The US consumes approximately 9.4 million gallons of gasoline per day.  At 42 gallons per barrel.

 

How much more gas do we use?

1.9 times Australia per capita

1.2 times Canada

4.5 time Denmark

10.4 times France

5.0 times Germany

7.0 time Italy

3.4 time Japan

4.6 time Netherlands

5.2 times Norway

3.7 times Sweden

5.0 times UK

[ChiGoose]

5 minutes ago, All_Pro_Bills said:

One other thing to consider.  American's, especially those living in suburbs and rural areas, are more dependent on the automobile, drive less fuel efficient vehicles, and drive more miles than citizens of other countries.  US residents use more fuel per capita than people in other developed countries.  So the impact of rising fuel prices is greater.  The US consumes approximately 9.4 million gallons of gasoline per day.  At 42 gallons per barrel.

 

How much more gas do we use?

1.9 times Australia per capita

1.2 times Canada

4.5 time Denmark

10.4 times France

5.0 times Germany

7.0 time Italy

3.4 time Japan

4.6 time Netherlands

5.2 times Norway

3.7 times Sweden

5.0 times UK

 

Oh, this is definitely true. We are a very car-centric culture and people in Europe have better access to public transit that mitigates the rising cost of fuel.

 

I do not mean to say in anyway that the cost of fuel is immaterial or that we should be happy about it because it's more expensive elsewhere. I roll my eyes when I see my more liberal friends post about wanting gas prices to be higher to drive down car use because they completely ignore that this would greatly harm the poor and working class they claim to support so much.

 

I mostly just wanted to point out that this isn't an issue singular to the US like we have high prices and everybody else is fine.